Dermot O'Mahoney

About Dermot O'Mahoney

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So far Dermot O'Mahoney has created 2 blog entries.

Firstly, let’s look at the basic facts about self-employed pension funds for someone with a need to replace a relatively high income stream in retirement. The Standard Fund Threshold (sometimes referred to as the maximum fund) has been €2M since 2014 The maximum salary allowable to qualify for personal tax relief in a given year [...]

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This is a great question nowadays, as interest rates are hovering around 0.75% at best.  DIRT tax is 41% along with PRSI of a further 4%.  Not ideal.  Contrast this with the DIRT rate in 2007 of 20% and PRSI of 5.5% - an increase of deductions of 76%!   The good news is that [...]

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